KeyCorp FWP
 

Free Writing Prospectus
Filed Pursuant to Rule 433
Registration Statement No. 333-121553

May 7, 2008
KEYCORP
$750,000,000
6.500 % KeyCorp due May 14, 2013
Final Term Sheet
               
 
Issuer:
    KeyCorp  
 
Type:
    Senior Medium-Term Notes, Series H  
 
Ratings:
    A2 / A- / A (Stable / Stable / Stable ) (Moody’s / S&P / Fitch)  
 
Trade Date:
    May 7, 2008  
 
Settlement Date:
    May 14, 2008 (T+5)  
 
Maturity Date:
    May 14, 2013  
 
Par Amount:
    $750,000,000  
 
Treasury Benchmark:
    UST 3.125% due 4/13  
 
Re-offer Spread to Benchmark:
    T+ 350 bp  
 
Re-offer Yield:
    6.598%  
 
Semi-Annual Coupon:
    6.500%  
 
Public Offering Price:
    99.588%  
 
Net Proceeds to KeyCorp:
    $744,285,000  
 
Interest Payment Dates:
    November 14th and May 14th  
 
Day Count:
    30/360  
 
Minimum Denominations:
    $1,000 x $1,000  
 
Joint Book-Running Managers:
    Citigroup Global Markets Inc.
Credit Suisse Securities (USA) LLC
KeyBanc Capital Markets Inc.
UBS Securities LLC
 
 
Co-Managers:
    Merrill Lynch, Pierce, Fenner & Smith Incorporated
Wachovia Capital Markets, LLC
 
 
CUSIP:
    49326EEB5  
 
The issuer has filed a registration statement, including a prospectus, with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Citigroup Global Markets Inc. toll-free 1-877-858-5407, Credit Suisse Securities (USA) LLC by calling 800-221-1037, KeyBanc Capital Markets Inc. by calling 866-227-6479, or UBS Securities LLC by calling 877-827-6444 ext. 561-3884.